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Human capital, digital transformation, and firm performance of startups in Vietnam

Author

Listed:
  • Ghi Tran Nha

    (Ph.D., University of Economics of Ho Chi, Minh)

  • Thu Nguyen Quang

    (Assoc. Prof., University of Economics of Ho Chi, Minh)

  • Huan Ngo Quang

    (Ph.D., University of Economics of Ho Chi, Minh)

  • Trung Nguyen Tan

    (Ph.D., University of Economics of Ho Chi, Minh)

Abstract

Based on social capital theory, the study explained the digital transformation process of startups in Vietnam. The primary object of this study is to examine the relationship between human capital, digital transformation, and firm performance of startups in Vietnam. The study applied Partial Least Squares Structural Model (PLS-SEM) with a sample size of 230 managers. The results demonstrated the positive relationships between human capital, digital transformation, and firm performance. The study explored digital transformation as a mediation mechanism between human capital and firm performance. The results provided some managerial implications for managers to focus on improving human capital in order to promote digital transformation and firm performance. This is an important strategy to help startups escape the crisis of Covid-19 pandemic. Finally, the study presented some limitations and directions for further research.

Suggested Citation

  • Ghi Tran Nha & Thu Nguyen Quang & Huan Ngo Quang & Trung Nguyen Tan, 2022. "Human capital, digital transformation, and firm performance of startups in Vietnam," Management, Sciendo, vol. 26(1), pages 1-18, January.
    • Handle: RePEc:vrs:manmen:v:26:y:2022:i:1:p:1-18:n:1
    DOI: 10.2478/manment-2019-0081
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    Cited by:

    1. Shuangjie Li & Ruoqi Li & Fang Liu, 2024. "The Impact of Digital Transformation on the Performance of Listed Automobile Manufacturing Enterprises in China," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 14(3), pages 1-9.

    More about this item

    Keywords

    Human capital; Digital transformation; Firm performance;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy

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